Daily Needs Center Leasehold Interest Trades Hands

A foreign investor has acquired the leasehold interest in a grocery-anchored shopping center in Glendora.

A foreign investor has acquired the leasehold interest in Glendora Commons, a grocery-anchored shopping center in Glendora. The investor purchased the leasehold from Seagrove Property Group for $13.5 million.

Glendora Commons is a 41,689-square-foot shopping center in Glendora, California. The property is new construction and includes a tenant roster with national tenants that includes Aldi, Guitar Center, Chick-fil-A and Pick-Up-Stix.

The JLL Capital Markets team representing the seller was led by managing director Bryan Ley and associate Tony Ensbury.

Recommended Stories